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711 Birch Ln
Billings, MT 59105
Multifamily Property For Sale
·
9,100 SF


INVESTMENT HIGHLIGHTS
- 1 acre of excess land for future expansion
- Established mobile home park with 14 units and city services
- Located in Billings Heights near major retail and services
EXECUTIVE SUMMARY
Positioned in the growing Billings Heights submarket, 711 Birch Ln offers investors a rare opportunity to acquire a well-maintained, income-producing mobile home park with significant upside potential. The property spans 1.9 acres and includes 14 units—10 seller-owned homes and 4 lot rentals—providing stable cash flow supported by city utilities and professional management. With a strong 8.5% cap rate and a net operating income of $126,349, this asset delivers immediate returns while offering room for expansion on an additional acre of excess land.
The park reflects pride of ownership, with light remodels completed during tenant turnover, ensuring quality living conditions and tenant satisfaction. Located in Billings Heights, the property benefits from proximity to major retailers such as Wells Fargo, Planet Fitness, and Dollar Tree, as well as quick access to Wicks Lane and Bench Boulevard for seamless connectivity. Demographics within a one-mile radius show an average household income of $72,944 and a population nearing 10,000, underscoring strong demand for affordable housing.
This investment combines operational stability with growth potential, making it an ideal addition to any portfolio focused on manufactured housing or value-add opportunities in Montana’s largest city.
The park reflects pride of ownership, with light remodels completed during tenant turnover, ensuring quality living conditions and tenant satisfaction. Located in Billings Heights, the property benefits from proximity to major retailers such as Wells Fargo, Planet Fitness, and Dollar Tree, as well as quick access to Wicks Lane and Bench Boulevard for seamless connectivity. Demographics within a one-mile radius show an average household income of $72,944 and a population nearing 10,000, underscoring strong demand for affordable housing.
This investment combines operational stability with growth potential, making it an ideal addition to any portfolio focused on manufactured housing or value-add opportunities in Montana’s largest city.
PROPERTY FACTS
| Price Per Unit | $148,167 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.50% | Lot Size | 1.90 AC |
| No. Units | 14 | Building Size | 9,100 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1960 |
| Zoning | RMH | ||
| Price Per Unit | $148,167 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.90 AC |
| Building Size | 9,100 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | RMH |
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